Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-03-31

Stock Transactions Brisk.
FORT WORTH nErs-J}AJLY az
VIEW.
"A OFFICE OF THE GAZETTE
- 49, WORTH. TEX, March 90 1887,
e was exceedingly active to-day,
ale especially, moving 3 large
OF merchandise.
mas down ard tendency, and
~ still seem in the dark as TO the
y offer. 1t is expected that as
astern wool men receive q sui
antity Of the spring clip to as
& quality Of the product, prices
sished,
- Mas an upward tendency.
STATE OF TPADB.
ri jra ISsSBradstreet's report
He volume If merchan-
1 . FtUring the week, due in
part to the pressure TO move grain, pro-
duCe and other staples to the full extent
of the demand prior to April 5, beyond
which existing railway freight rates do
not extend. There has been a distinct
increase in the volume of general
trade at Portland, Me, Phila-
delphia, Pittsburg, Cincinnati,
Louisville, St. Louis, Chicago and St.
Paul. not only as against the earlier pOr-
tion CT the month, but in comparison
with q like period in 1886 as well. Con-
siderable interest will attach to the move
ment of produce aud merchandise by rail
during the next fortnight, in view of the
experimental nature OF the new freight
tariffs, as well as on account Of the COM
plants made as to ClsssicatiOns already
arranged. The increase of east bound
freight rates again last week corrObOrated
our reports as to the rate OF movement Of
produce east from Chicago. If the inter
state commission will arrange to make
public west bound tonnage statistics
weekly the result must prove distinct
gain. The railways have thus far refused
to 90 this. Lake navigation promises to
open with higher rates on the superstition
that high railway freights will result from
the Interstate law. This has advanced
the price of as we'll as the demand for
lake tonnage. Agricultural progress in
the valley of the Missouri and in Dakota
has been delayed by the flood, but else
where in the northwest and the west the
weather has improved, country roads
have hardened, and business is more
active Spring wheat seeding has not
progressed in Wisconsin, owing to eX
cessive dampness. In the south, eXcep
in portions of Georgia where it has been
cold, the weather has favored the crops.
Total bank clearings at thirty-fye cities
for six days ended with yesterday, spe
cislly wired Bradstreet's, aggregate
1855 ,092, 499, against $500, &c., 97 last
week and 1852, 729, 100 in the like week of
1886. This shows a loss of 1882, 8l4 900,
or I34 per cent. during the
week and 10 per cent. against
last wear. Domestic money markets gen
orally are active, and rates tend upward,
largely dependent on the demand fol
April settlements. The request for &C
commodation from the interior, from
SPECTATORS, investors, merchants and
manufacturers at Chicago is heavy, and
funds are leaving Milwaukee for the lum-
Der and mining districts. Cojec-
tions are better than last week. The New
York stock market is dull and inactive,
though prices are, If anything, tending
higher Fears of q stringency in the
money market, together with the uncer-
taintY surrounding the Baltimore ana
Ohio "deap' unite IN producing this re-
sui. Bonds are dull. Money at New
York is ficm, though rates, 1t Il thought,
will soon be lower. Foreign exchange
has tended to higher quotations as the
result of increased inquiry and scarcity
of supply.
Wheat has been irregular and frac
tionaIiy lower on a bearish sentiment
west and decreased export demand. The
outlook for the Cslifornia wheat crop
this year is not for "bonsuza crops"
exports are at low ebb there; sowing is
behind hand, and the rainfall is against a
full crop. The reports of he years hog
packing at the west, showing an excess
of apout 10000 hogs over last year,
and an aggregate decrease in stocks
of provisions March l about equal
to 81 900, 900 pounds of products, have
added strength to provisions. The Chi